Shareholders' Equity

3 Months Ended

Apr. 30, 2011

NOTE 6 — SHAREHOLDERS' EQUITY

In March 2011, the Company's Board of Directors authorized a share repurchase program of up to $100.0 million of the Company's common stock. The Company's share repurchases were made on the open market through block trades or otherwise. The number of shares purchased and the timing of the purchases were based on working capital requirements, general business conditions and other factors, including alternative investment opportunities. Shares repurchased by the Company are held in treasury for general corporate purposes, including issuances under equity incentive and employee benefit plans.

The Company's common share repurchase and issuance activity for the three months ended April 30, 2011 is summarized as follows:


	Shares			Weighted- average price per share
Treasury stock held at January 31, 2011		12,517,538		$	37.28
Shares of common stock repurchased under share repurchase program		1,032,316			49.68
Shares of treasury stock reissued		(831,197	)

Treasury stock held at April 30, 2011		12,718,657			38.24